Transatlantic telecom consolidation prospects clouded! Deutsche Telekom (DTEGY.US) reportedly pauses merger plan with T-Mobile US (TMUS.US)

Zhito Finance APP has learned that, according to people familiar with the matter, the planned merger between Deutsche Telekom (DTEGY.US) and T-Mobile US (TMUS.US) has encountered obstacles, casting a shadow over a deal that was originally expected to become the largest merger of listed companies in history. The people familiar with the matter said that the German telecom giant has decided not to submit a formal acquisition offer for the time being. Part of the reason for this decision is that Deutsche Telekom's works council, an institution representing employees' interests, has raised objections.